When you live in a community managed by a Homeowners Association (HOA), you understand your responsibility to pay regular dues to help maintain the quality of your neighborhood. However, a significant increase in contributions might seem suspicious, especially when the change was not communicated properly to you. As a homeowner, you have the right to question your HOA’s actions.
Assessing the situation
Receiving a notice from your HOA regarding a sudden increase in regular dues could be worrying. When you have doubts regarding this decision, understanding the reasons behind it is essential. You can start by requesting an explanation from the board regarding the use of the additional funds. Knowing the projects and activities could ease your concerns with the sudden changes in HOA dues.
Knowing your rights
Your HOA operates following bylaws and Covenants, Conditions & Restrictions (CC&Rs). These guidelines define how your HOA should perform their responsibilities. These documents should provide you an idea of how your HOA can collect dues and if the increase they are imposing are within their provisions.
Raising your concern
A well-functioning HOA should have procedures in place for receiving and addressing homeowners’ concerns. Whether it is through email, written document or verbal communication, you could relay your concerns in a clear and respectful manner. When seeking clarification, provide any evidence that triggered your concerns to help the HOA address them effectively.
Consulting with legal professionals
A substantial increase in HOA contributions could heavily impact your finances. Thus, it is important to know that the HOA will use this fund efficiently. When you observe questionable activities, and your HOA is not responsive to your queries, you can take legal action to ensure that homeowners’ contributions are not put in vain. This process could be complex and the support of a legal professional experienced in HOA disputes would be valuable.